FAMILY PROMISE OF ESSEX COUNTY INC

EIN: 222841105 501(c)(3) Housing & Shelter

MONTCLAIR, NJ

Total Revenue
$1,288,321
Total Expenses
$1,278,887
Total Assets
$995,518
Net Assets
$708,011
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Organization Details

Formation Year
1988
Legal Domicile
NJ
Principal Officer
DALE RUSSAKOFF
Phone
9737461400
Tax Period
2023-01-01 to 2023-12-31

FAMILY PROMISE OF ESSEX COUNTY INC, founded in 1988, is a community nonprofit in the Housing & Shelter sector that reported $1.3M in total revenue in fiscal year 2023.

Mission

ESTABLISHED IN 1987, FAMILY PROMISE OF ESSEX COUNTY, INC. (THE ORGANIZATION) (FORMERLY KNOWN AS INTERFAITH HOSPITALITY NETWORK FOR THE HOMELESS OF ESSEX COUNTY, INC.) IS BASED IN MONTCLAIR, NEW JERSEY. THE MISSION OF THE ORGANIZATION IS TO HELP HOMELESS AND AT-RISK FAMILIES ACHIEVE SELF-SUFFICIENCY BY PROVIDING SHELTER, SOCIAL SERVICES, AND HOUSING ASSISTANCE THROUGH A COMMUNITY-BASED APPROACH.

Program Service Accomplishments

Program 1
Expenses: $458,808 Revenue: $23,787

HOUSING AND STABILIZATION: 385 INDIVIDUALS RECEIVED HOUSING AND STABILIZATION SERVICES. HOUSING STABILITY IS THE OVERALL GOAL FOR ALL FPE PROGRAMS. FPE HELPS FAMILIES OBTAIN PERMANENT HOUSING BY...

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HOUSING AND STABILIZATION: 385 INDIVIDUALS RECEIVED HOUSING AND STABILIZATION SERVICES. HOUSING STABILITY IS THE OVERALL GOAL FOR ALL FPE PROGRAMS. FPE HELPS FAMILIES OBTAIN PERMANENT HOUSING BY PROVIDING SECURITY DEPOSITS, UTILITY DEPOSITS, RENTAL ASSISTANCE, AND MOVE-IN ASSISTANCE. FPE CASE MANAGERS WORK WITH THEIR CLIENTS TO HELP THEM ESTABLISH AND ACHIEVE THEIR GOALS FOR HOUSING AND EMPLOYMENT. ADDITIONALLY, CASE MANAGERS ASSIST CLIENTS WITH HOUSING SEARCH, APPLICATION, AND LEASING PROCESSES. ONCE HOUSED, FPE OFFERS YOUTH AND ADULT WORKSHOPS AND ECONOMIC MOBILITY MENTORING TO HELP FAMILIES IMPROVE THEIR HOUSEHOLD INCOME AND OVERALL WELL-BEING. SCHOOL SUPPLIES, HOLIDAY CELEBRATIONS, ETC. ARE AVAILABLE TO FAMILIES, AS WELL AS SUMMER CAMP OPPORTUNITIES AND OTHER EDUCATIONAL/COMMUNITY-BUILDING FIELD TRIPS. AS A SUPPLEMENT TO EXISTING STABILIZATION ACTIVITIES, FPE PARTNERED WITH CIRCLES USA TO LAUNCH THE FIRST CIRCLES CHAPTER IN NEW JERSEY IN LATE 2022. THE GOAL OF CIRCLES ESSEX COUNTY IS TO HELP FAMILIES MAKE THE JOURNEY OUT OF POVERTY AND TO REMOVE THE BARRIERS THAT KEEP THEM THERE. THE PROGRAM CREATES INTENTIONAL RELATIONSHIPS ACROSS INCOME LINES TO SUPPORT FAMILIES IN ACHIEVING THEIR GOALS, AND CREATES SOCIAL CAPITAL THROUGH BONDING, BRIDGING, AND LINKING PEOPLE ACROSS SOCIO-ECONOMIC LINES. FPE CASE MANAGERS PROVIDED OUTREACH, ENGAGEMENT, AND REFERRAL SERVICES TO AN ADDITIONAL 264 INDIVIDUALS IN THE COMMUNITY.

Program 2
Expenses: $360,235

PREVENTION AND DIVERSION: 239 INDIVIDUALS RECEIVED PREVENTION AND DIVERSION ASSISTANCE. FAMILY PROMISE OF ESSEX COUNTY (FPE) PROVIDES PREVENTION AND DIVERSION ASSISTANCE FOR FAMILIES IN FINANCIAL...

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PREVENTION AND DIVERSION: 239 INDIVIDUALS RECEIVED PREVENTION AND DIVERSION ASSISTANCE. FAMILY PROMISE OF ESSEX COUNTY (FPE) PROVIDES PREVENTION AND DIVERSION ASSISTANCE FOR FAMILIES IN FINANCIAL CRISIS AND ON THE VERGE OF BECOMING HOMELESS. PREVENTING OR DIVERTING FAMILIES FROM ENTERING SHELTER IS COST-EFFECTIVE, BETTER FOR PARENTS AND CHILDREN, AND AN ESSENTIAL PART OF OUR MISSION. ASSISTANCE INCLUDES CURRENT AND BACK RENT, FIRST AND LAST MONTH'S RENT AND SECURITY DEPOSITS. FAMILIES WORK WITH AN FPE CASE MANAGER TO ACHIEVE THEIR GOALS FOR STABLE HOUSING, INDEPENDENCE, AND SELF-SUFFICIENCY. FPE'S PROGRAMMING ALSO INCLUDES SERVICES SUCH AS JOB TRAINING, JOB SEARCH AND INTERVIEWING SKILLS; SEMINARS ON WORKPLACE PROTOCOL, BUDGET MANAGEMENT, LANDLORD/TENANT RELATIONSHIPS, APARTMENT MAINTENANCE, PARENTING, WELLNESS, AND NUTRITION; AND ASSISTANCE WITH CHILDCARE AND TRANSPORTATION OPTIONS.

Program 3
Expenses: $292,577

EMERGENCY SHELTER: 43 INDIVIDUALS RECEIVED EMERGENCY SHELTER AND SERVICES. FAMILY PROMISE OF ESSEX COUNTY PROVIDES TEMPORARY SHELTER FOR FAMILIES IN EXTENDED-STAY MOTEL ROOMS AND A RENT-SUBSIDIZED...

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EMERGENCY SHELTER: 43 INDIVIDUALS RECEIVED EMERGENCY SHELTER AND SERVICES. FAMILY PROMISE OF ESSEX COUNTY PROVIDES TEMPORARY SHELTER FOR FAMILIES IN EXTENDED-STAY MOTEL ROOMS AND A RENT-SUBSIDIZED LARGE HOME THAT WE LEASE THROUGH ONE OF OUR INTERFAITH HOSPITALITY PARTNERS. OUR SHELTER MODEL ALSO INCLUDES COMPREHENSIVE GUIDANCE, AND REFERRALS TO FIND HOUSING AND JOBS THROUGH CASE MANAGEMENT BY FPE CASE MANAGERS, AS WELL AS COMMUNITY ENGAGEMENT AND MEAL AND GROCERIES DELIVERIES THROUGH CONGREGATIONAL PARTNERS AND OTHER VOLUNTEERS.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,274,010
Program Service Revenue $23,787
Investment Income $0
Other Revenue $-9,476
TOTAL REVENUE $1,288,321

Expense Breakdown

Grants Paid $468,703
Salaries & Benefits $573,483
Fundraising Expenses $102,133
Program Expenses $1,111,620
Other Expenses $236,701
TOTAL EXPENSES $1,278,887

Year-over-Year Comparison

2023 2022 Change
Revenue $1,288,321 $1,333,999 0.0%
Expenses $1,278,887 $1,304,324 0.0%
Net Income $9,434 $29,675 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
10
Independent Members
10
Employees
16
Volunteers
150

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$96,504
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRIS MURPHY PRESIDENT 4.00
Officer Director
$0 $0 $0
GIGI LOH TREASURER 3.00
Officer Director
$0 $0 $0
MICHELLE KUDESH TRUSTEE 2.00
Director
$0 $0 $0
LIZZIE WOLFF TRUSTEE 2.00
Director
$0 $0 $0
DALE RUSSAKOFF SECRETARY 3.00
Officer Director
$0 $0 $0
MIRIAM CHILTON TRUSTEE 2.00
Director
$0 $0 $0
JANE ZOIDIS-QUINN TRUSTEE 2.00
Director
$0 $0 $0
ABIGAIL CARLTON TRUSTEE 2.00
Director
$0 $0 $0
LAMONT SWITTENBERG VICE PRESIDENT 3.00
Officer Director
$0 $0 $0
DAVIANNE HARRIS TRUSTEE 2.00
Director
$0 $0 $0
DOROTHEA AERY EXECUTIVE DIRECTOR 40.00
Officer
$95,052 $1,452 $96,504
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,288,321 $1,278,887 $995,518 $9,434
2022 $1,333,999 $1,304,324 $898,204 $29,675
2021 $1,063,647 $852,212 $879,190 $211,435
2020 $888,617 $752,250 $760,992 $136,367
2019 $747,874 $879,202 $419,404 $-131,328
2018 $781,376 $840,661 $557,394 $-59,285
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